Oil gonna crash today?

S

stock_trad3r

gapped up much higher and selling off like a mofo

the saudis keep saying they will up production and then everyone says oil too high

could end day down 4 dollars barrel
 
Quote from stock_trad3r:

gapped up much higher and selling off like a mofo

the saudis keep saying they will up production and then everyone says oil too high

could end day down 4 dollars barrel
More...

duh_can.jpg
 
stupid arabs keep producing more oil at an increasing rate

I wish they would cut back to send oil up $10 in a day so that my stocks will go up. Rising oil is great for commodity stocks, energy stocks, materials, oil services, google, rimm, aapl, visa, and mastercard.

Falling oil is good for financials, homebuilders, transports, consumer stocks which i want nothing to do with.
 
some mofo just dumped now

fell 1% in a 10 second interval

The problem is with the arabs producing too much. The dollar needs to weaken, but the arabs aren't helping by ramping up production.
 
Quote from stock_trad3r:

some mofo just dumped now

fell 1% in a 10 second interval

The problem is with the arabs producing too much. The dollar needs to weaken, but the arabs aren't helping by ramping up production.
More...

Dumped right when the EUR/USD hit 1.55
 
Stock i'm quite sure you are some sort of redneck, confederate flag waving racist now..Your comments about Obama are questionable enough, but now with the "arab" terms...The place where racists post on et are in the chitchat sections, you should confine your posts to that venue, people like you make me sick to my stomach.
 
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